Form 4: Church & Dwight Co. Executive Acquires Phantom Stock

Sentiment:

SEC Form 4 Filing


Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co., acquired phantom stock under the company's Deferred Compensation Plan.

Summary

  • On April 1, 2024, Brian D. Buchert, EVP of Strategy, M&A, and Business Planning at Church & Dwight Co., acquired phantom stock.
  • The phantom stock was acquired under the Church & Dwight Co., Inc. Deferred Compensation Plan.
  • The phantom stock shares convert to common stock on a 1-for-1 basis and are to be settled in cash as prescribed by the Plan.
  • The price of the phantom stock was $105.02.
  • The amount of phantom stock acquired was 4.29 shares.
  • Following the transaction, Buchert directly owns 435.048 shares of phantom stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, a common practice in corporate settings.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it relates to executive compensation and does not involve the issuance of new shares.

Key Dates

DateDescription
04/01/2024Date of transaction: Brian D. Buchert acquired phantom stock.
04/02/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.